Reinsurance
Markel reports loss
Markel has reported a net loss of more than $403m (£280n) for 2008, down from a $337m profit for 200...
Dealing with the remnants
Broker Focus: Legacy
Marsh ups DeLima stake
Marsh & McLennan has purchased the remaining 49% stake in Colombian reinsurance broker Companias DeL...
Appointment at Tysers
Tysers has hired Edward Page-Turner as a director of its marine division. Mr Page-Turner brings 27...
Top ten Post stories
The top 10 stories in postonline.co.uk over the last week were: 1. Mitsui UK seeks new CEO as Guest...
Chaucer raises capital
Chaucer, the Lloyd's insurer, has confirmed that it is looking to raise £75m via a share placing. Th...
Cat bonds hold steady amid market turbulence - Guy Carpenter
Catastrophe bonds withstood the impact of onerous market forces in 2008, brought on by turmoil in the global capital markets, according to a new briefing on catastrophe bond market activity published by reinsurance broker Guy Carpenter & Company and GC…
Munich Re FY profit more than halves; shares off nearly 3%
Munich Re, the German (re)insurance giant, said that its full-year consolidated profiit more than halved over the course of 2008, dropping to €1,5bn from €3.9bn a year earlier.
Hannover Re bullish about 2009 prospects
Hannover Re gave a boost to the (re)insurance industry on Tuesday when it said that it expected to see group earned premiums rise by 17% over the course of 2009.
Ironshore ratings put under review with negative implications
Ironshore, the Bermudian insurer, has seen its financial strength and issuer credit ratings put under review with negative implications by AM Best.
Markel reports FY $403m net loss
Markel, the US-based (re)insurer, reported a net loss of over $403m for 2008, down from a $337m gain for the 2007 full-year.
Axis Capital grabs senior Chubb exec to lead new division
AXIS Capital, the Bermudian (re)insurer, said that it is to form an accident & health division. Christopher DiSipio, will lead the division.
Brit boosts accident team
Brit Insurance Holdings has appointed former Aon Benfied director Andrew Bowers to its personal accident team
A defining year for Cat bonds
Inside view
Hurricane Ike estimates are hiked in Lloyd's and Bermuda
Lloyd's and Bermudian (re)insurers have raised their estimates for Hurricane Ike, which devastated t...
A mine of information
Market spotlight: Mining
Asian resilience
Asian markets
AIG earns wrath of Greenberg over "fire sale"
The AIG saga continued over the Christmas and New Year period, as the ailing US insurer battled outg...
Novae offers "friendly" merger deal to Chaucer
Lloyd's insurer Novae has offered (re)insurance rival Chaucer the chance to merge on an all-share, n...
Allstate downgraded after $1.1bn net loss
US insurance giant Allstate was downgraded by ratings agency Moody's after it recorded a fourth quar...
Swiss Re FY result likely to be 'messy', says analyst
Swiss Re's fourth quarter and full-year results are going to be a 'mess' when the reinsurance behemoth reports on 19 February, according to a senior analyst at Collins Stewart.
Tysers snags senior exec from Benfield
Tysers, the Lloyd's broker, said it has appointed Edward Page-Turner as a director of its marine division.
Transatlantic FY net income drops 79%; shares tumble
Transatlantic Holdings, the US reinsurer, reported a 79% drop in net income for 2008, after catastrophe losses and lower investment income heavily impacted the company's bottom line.
Arch hikes estimates for Ike losses by $160m
Arch Capital, the Bermudian (re)insurer, said that it expects to report after-tax operating income available for common shareholders in the range of $75-90 million for the 2008 fourth quarter.